Abu Dhabi Awards Surge in Drilling Contracts
The Abu Dhabi National Oil Company (ADNOC) has seen a significant uptick in drilling contract awards in 2024, signaling potential growth for the emirate’s oil and gas sector. According to reports, a total of 196 contracts have been awarded so far this year, amounting to a cumulative value of 3. 4 billion dirhams. Analysts attribute this surge to several factors, including ADNOC’s ongoing expansion plans and the […]